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American Express Earnings Dip 47% Amid Restructuring Charges

From ValueWalk
January 18, 2013 - 10:08am
American Express Company (NYSE:AXP) reported a 47 percent decline in its fourth quarter net income, as the Manhattan-based company racked up restructuring charges and other one time expenses. The credit card issuer’s net income was $637 million or 56 cents…The post American Express Earnings Dip 47% Amid Restructuring Charges appeared first on ValueWalk.

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